UPS Believes Blockchain is the Future of the Shipping Industry
The use of blockchain technology could be a way to improve the current supply chain for deliveries, as it would be able to provide a cheaper and more efficient logistics management system. UPS (NYSE:UPS) is …
Shares of CSX Corporation Plunge After CEO Takes Medical Leave
On Friday, in premarket trade, CSX Corporation’s shares plunged. What happened? The decline started after the Jacksonville, Florida-based company announced that CEO Hunter Harrison was set to take medical leave due to unforeseen complications from …
Middleby Business Opportunities Solid, Competition a Drag
We have issued an updated research report on The Middleby Corporation (NASDAQ:MIDD) on Dec 12. Strengthening commercial foodservice, food processing and residential kitchen equipment businesses as well as the company’s innovation investments and synergistic benefits …
Delta Airlines Orders 100 Airbuses, Sees Growth Within The Last Month
Set to announce soon, Delta Air Lines (NYSE:DAL) is set to order 100 Airbus (NYSE:EADSF) A321neo jets soon. The company plans on announcing their presentation tomorrow. This will be a big win for Airbus. It’s …
General Electric Will Be Cutting 4,500 Jobs in Europe
General Electric Co (NYSE:GE) will be cutting 4,500 jobs in Europe, in response to the company shrinking its floundering power business.
The cuts will be occurring in Switzerland, Germany, and Britain, and are …
Allegeint Breaks 200 Day Average, Up 6%
In Tuesday’s trades, Allegiant Travel Company (NASDAQ:ALGT) ‘s shares sailed above their 200 day average of $141.98, trading as high as $143.30 per share. At press-time, Allegiant Travel Company shares are trading up 6% on …
Will Tesla’s Unfettered Ambition Exacerbate Debt? Elon Musk Has the Answer
As of morning trading, Tesla Inc. (NASDAQ:$TSLA) shares rose as analysts questioned how soon CEO Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, …
Bombardier Seeks to Hire 1,000 Workers Amidst Global 7000 Business Aircraft Program
On Friday, Bombardier (OTC:$BOMBF) stated that the company is hiring around 1,000 workers in the Montreal area to work on its Global 7000 business aircraft program.
Specifically, such hires will be completed over …
General Electric CEO John Flannery Says He Isn’t Surprised By Two-Day Stock Downturn
General Electric (NYSE:$GE) is currently experiencing a two-day stock downturn – and CEO John Flannery says he isn’t surprised, adding that the company disappointed shareholders.
On Tuesday, General Electric was down 5%, which …
General Electric Slashes Quarterly Payout From 24 Cents a Share to 12
On Monday, General Electric (NYSE:$GE) announced that it is slashing its dividend in half. Many speculate this will cause long-time shareholders of the Boston-based company to run and hide, while others believe it will free …